Marra, Miriam; Ruan, Jing; Schopohl, Lisa; Yin, Chao - 2022
) performance by studying a sample of U.S. firms that are S&P 1500 components over the period 1997-2018. Building on the literature … find that firms led by more altruistic CEOs have stronger CSR performance. This result remains robust to controlling for a … do not show worse financial performance, suggesting that altruism, as an innate trait of CEOs, is not value …